Comments on: Reverse Mortgages Mentioned on Economist Blog http://reversemortgagedaily.com/2008/12/02/reverse-mortgages-mentioned-on-economist-blog/ Reverse Mortgage News and Information Fri, 10 Feb 2012 19:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bob B http://reversemortgagedaily.com/2008/12/02/reverse-mortgages-mentioned-on-economist-blog/comment-page-1/#comment-13291 Bob B Wed, 03 Dec 2008 17:01:21 +0000 http://reversemortgagedaily.com/2008/12/02/reverse-mortgages-mentioned-on-economist-blog/#comment-13291 I have talked to 2 stock brokers recently who have refered me clients who do not want to drain thier stock portfolios, which have been reduced this year by over 50%. These profesional advisors are just now realizing that a senior homeowner can swithc thier monthly withdrwals to thier REal Estate assets via a Govt guranteed loan at close to 3 % and allow the portfolio assets to recove value when the investment market turns around. Has anyone seen an income projection comparison of drwaing $2000/month from the IRA VS $2000/month HECM. I think more "financial planners" need to see this revelation. Refernces or articles appreciated. I have talked to 2 stock brokers recently who have refered me clients who do not want to drain thier stock portfolios, which have been reduced this year by over 50%.
These profesional advisors are just now realizing that a senior homeowner can swithc thier monthly withdrwals to thier REal Estate assets via a Govt guranteed loan at close to 3 % and allow the portfolio assets to recove value when the investment market turns around.

Has anyone seen an income projection comparison of drwaing $2000/month from the IRA VS $2000/month HECM.

I think more “financial planners” need to see this revelation.
Refernces or articles appreciated.

]]> By: RickM http://reversemortgagedaily.com/2008/12/02/reverse-mortgages-mentioned-on-economist-blog/comment-page-1/#comment-13249 RickM Wed, 03 Dec 2008 02:34:29 +0000 http://reversemortgagedaily.com/2008/12/02/reverse-mortgages-mentioned-on-economist-blog/#comment-13249 That question has been answered, it didn't need to be asked. Search for "pressure on the portfolio" and "reverse mortgage". That question has been answered, it didn’t need to be asked. Search for “pressure on the portfolio” and “reverse mortgage”.

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